Gold stocks in Comex warehouses are on track to hit new records over the coming days due to the risk of import tariffs curtailing shipments to the United States from other countries, analysts and traders…
The price of cold rolled coils in the US remained unchanged from March 7 to March 28. Producer offers were at $1,162/t EXW, according to Kallanish. Over the previous month, the product rose in price by…
Pig iron price quotations in Brazil for the period from March 14 to 21 increased by $20/t, to $450/t FOB Ponta da Madeira, according to Metalplace. In the first half of the month, the cost of the product…
Copper prices in Shanghai have flipped into modest backwardation in anticipation of robust Chinese demand, as expectations that President Donald Trump will impose tariffs on the metal lure refined supply…
The cost of HMS 1&2 scrap (80:20) in China reached $340/t CFR by mid-March, according to Kallanish. The weekly increase was $2.5/t. Thus, quotes returned to the level recorded at the beginning of the…
The recycling associations BIR and EuRIC have issued a joint statement expressing concern over the export proposals in the Steel and Metals Action Plan published by the European Commission.
The price of cold rolled coil in North America increased from $1,125/t EXW as of February 28 to $1,162/t EXW as of March 20, according to Kallanish. The rise in product prices is not supported by the…
The European Union will tighten steel import quotas to reduce inflows by a further 15% from April, a senior EU official said on Wednesday, in a move aimed at preventing cheap steel flooding the European…
The US steel company Nucor has announced another increase in the spot price (CSP) for hot rolled coil (HRC). Starting from March 17, 2025, the base price of HRC will be $930 per short tonne for all production…
China's crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports.
European Steel Association Eurofer has reiterated the European steel market is the most vulnerable globally, amid fears of it being flooded by material diverted from the US as tariffs come into force.
Recycled metal products maker Radius Recycling (RDUS.O), said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota…
